Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-03-22
ON WALL STREET.
,4he New Week on the Stock Exchange
Opens DulI-The Active List
Generally Lower.
Fort Worth and Denver City and Texas and
Pacific Futures the Leading Feat :
ures In Railroad Bond Market. -
COMMERCIAL RESUME.

j
1 NEW YORK, March 2l.-Railway bonds
to-day sold as follows: Fort Worth
aud Denver a. 81; Texas and Pacific
! conSols al 995; incomes at 634; rios at
! 734 St. Louis, Arkansas and Texas rs
al 100; Kansas and Texas IS at SCI;
/ Missouri, Kansas and Texas IS at S6t;
/ 6's at 994.
Money 35@5 per cent
! Sterling stronger.
| Governments firm.
/ Cotton advanced points.
/ Oil closed at CSC. ,
/ Wheat weak ana dull.
! Coffee 10 points higher.
! Fort Worth and Denver City and Texas
and Pacific we're the stronger, futures adj
vaucIng } and ! respectively. The buy
| Jag OF these yst0cks was partially based
on eDCOuragements em&natiug from
Gould sources. Ia regard to tGe former
a report was current that it would be
&magamated with the Missouri Pacific,
bat the more general theory was that the
movement was on the extension # the
road, which, when completed, will make
it q trunk line. FaranbuTg is q pro-
DOunCed bull on Texas and Pacific and
bought it again to-day The stock was
also taken freely by Work, Strong, Ball,
Kirkner, Durand, Rogers, Jones, French
and Maury.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK, March 2I.-The new week
on the Stock Exchange opened without
change in the speculative situation and
the market was again dull and featureless
with transactions retaining the same
character. The dealings for the most
part possessed no significance. RumOrs
We're current that the consolidation of
the Fort Worth and Denver with the
Missouri Pacific was possible, but other
statements were 20 the effect that the re-
cent advanCe in the securities of that
road was due to the expectation of In
creased profits from extensions now in
construction. The usually active stocks
were all dull and listleSs throughout the
day, and their fluctuations and fGal
changes were of no importance whatever.
The ops nil G was tame and uninterestipg,
but fairly steady, with the first prices
showing only slight changes which were
about equally divided between gains and
losses. The market was heavy in the
early trading. There was slight reCov-
cry late in the first hour, and Fort Worth
and Denver advanced l per cent. The
market then became steady, out re-
NAMED dull, though the general stagna-
ton was relieved by q squirt in Texas
and Pacific. During the afternoon
there was another period of heaviness,
and the market closed rather heavy ana
dull. Phe active stocks are generally
lower this evening, bu in no case does
the loss exceed &c, while among the few
advances recorded Fort Worm and Den
yer is up Ii.
Railroad bonds for everything but Fort
Worth and Denver rs were dull-they
closing per cent. higher, at 9l8. The
general list was somewhat irregular but
firm.
Government bon dull and steady.
THE FIRST VIGOROUS KICK.
NEW YORK, March 21.-The dry goods
trade Aeld meeting to-day prompted by
notification from the trunk line repre-
sentatives that on and after April l new
classification for dry goods would go into
effect. Resolutions were adopted in
which ii Was stated the new classification
would increase the cost of freight 80
per cent on every important line
of low-priced domestic fabrics.
The trade has not been notified
VI SOnSuItSu upOu GulS NUCSGlOH SO N1ldli1
affecting her interests, and it was re-
solved tC be the sense of the meeting that
the proposed new classification is unjust
and unreasonable and against the general
welfare of all sections Of the country. The
discriminating penalty of so per cent. en-
bodied in the new clsssitc stion against
the use of packing cases and in
favor of canvas-cOvered bales was de-
nounced as unreasonable and opposed to
the spirit Of the Interstate law. a COM
mittee will act for the trade in protests
to the railroads, and if necessary to the
interstate commissions and United
States courts. Shippers are instructed
to submit to the new classification
only under protest. The interstate COM
mission, when appointed. will be asked
by the trade to come to New York to ex-
anime the subject. The leading houses
of the trade were represented at the
meeting and the meeting was unanimous